New Mexico residents paid $7,633 to attend the four-year public institution this year – $185 more than the $7,448 charged for 2017-18.
Non-residents paid 195.9 percent more than residents this year, or $22,586. Their price tag grew 2.5 percent from $22,038 in 2017-18.
About 83 percent of the school's undergraduate population are New Mexico residents. About 14 percent are residents of other states and 2 percent are citizens of other countries.
Data shows 96 percent of full-time undergraduates who started school in 2015-16 received student financial aid in some form. In all, 3,042 students received grants or scholarships totaling $19.6 million and 1,819 students took out student loans totaling more than $10.8 million.
Including all undergraduates (24,319), 18,886 students used grants or scholarships totaling $91.3 million, and 9,802 students took out $69.7 million in federal student loans.
Enrollment | 2015-16 | 2016-17 | 2017-18 | 2018-19 | Change in tuition and fees 2015-16 to 2018-19 | |
---|---|---|---|---|---|---|
In-state | ~20,185 | $7,071 | $7,340 | $7,448 | $7,633 | 7.9% |
Out-of-state | ~3,405 | $21,302 | $21,929 | $22,038 | $22,586 | 6% |
Type of Aid | Number of students receiving aid | Percent receiving aid | Total amount of aid received | Average amount of aid per student |
---|---|---|---|---|
Federal grants | 1,201 | 38% | $6,057,610 | $5,044 |
State / local grant or scholarship | 2,210 | 70% | $5,515,464 | $2,496 |
Institutional grants or scholarships | 2,664 | 84% | $8,016,847 | $3,009 |
Grant or scholarship aid total | 3,042 | 96% | $19,589,921 | $6,440 |
Federal student loans | 1,802 | 57% | $10,114,932 | $5,613 |
Other student loans | 77 | 2% | $655,773 | $8,517 |
Student loan aid | 1,819 | 57% | $10,770,705 | $5,921 |
Total student aid | 3,049 | 96% | - | - |